Net domestic credit (current LCU), annual growth rate in Solomon Islands
Solomon Islands: Net domestic credit (current LCU), annual growth rate was 6.66 % change on previous year in 2024. ◆ Volatile
Net domestic credit (current LCU), annual growth rate in Solomon Islands, 1979–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for net domestic credit (current lcu), annual growth rate in Solomon Islands is 6.66 % change on previous year, measured in 2024.
That represents a change of up 6.1% on the previous year and down 92.1% over ten years.
Over the whole period, net domestic credit (current lcu), annual growth rate in Solomon Islands peaked at 129.34 % change on previous year in 1979 and was at its lowest, -57.72 % change on previous year, in 2011.
Solomon Islands ranks 115th of 186 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Net domestic credit (current LCU), annual growth rate in Solomon Islands, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1979 | 129.34 % change on previous year | — |
| 1980 | 105.7 % change on previous year | -18.3% |
| 1981 | 41.68 % change on previous year | -60.6% |
| 1982 | 16 % change on previous year | -61.6% |
| 1983 | -9.07 % change on previous year | -156.7% |
| 1984 | 43.56 % change on previous year | -580.1% |
| 1985 | 59.79 % change on previous year | +37.3% |
| 1986 | 0.6707 % change on previous year | -98.9% |
| 1987 | 14.19 % change on previous year | +2014.9% |
| 1988 | 29.46 % change on previous year | +107.7% |
| 1989 | 43.34 % change on previous year | +47.1% |
| 1990 | 24.63 % change on previous year | -43.2% |
| 1991 | 29.28 % change on previous year | +18.9% |
| 1992 | 5.85 % change on previous year | -80.0% |
| 1993 | 16.97 % change on previous year | +190.1% |
| 1994 | 21.86 % change on previous year | +28.8% |
| 1995 | 12.2 % change on previous year | -44.2% |
| 1996 | 2.43 % change on previous year | -80.1% |
| 1997 | 4.13 % change on previous year | +70.1% |
| 1998 | -2.91 % change on previous year | -170.4% |
| 1999 | -0.3671 % change on previous year | -87.4% |
| 2000 | 18.79 % change on previous year | -5219.9% |
| 2001 | 4.65 % change on previous year | -75.3% |
| 2002 | 9.09 % change on previous year | +95.5% |
| 2003 | -1.57 % change on previous year | -117.3% |
| 2004 | -30.82 % change on previous year | +1860.3% |
| 2005 | 26.88 % change on previous year | -187.2% |
| 2006 | 50.54 % change on previous year | +88.0% |
| 2007 | 46.98 % change on previous year | -7.0% |
| 2008 | 36.98 % change on previous year | -21.3% |
| 2009 | -8.8 % change on previous year | -123.8% |
| 2010 | -28.07 % change on previous year | +219.0% |
| 2011 | -57.72 % change on previous year | +105.6% |
| 2012 | -24.61 % change on previous year | -57.4% |
| 2013 | -35.14 % change on previous year | +42.8% |
| 2014 | 84.25 % change on previous year | -339.8% |
| 2015 | 106.02 % change on previous year | +25.8% |
| 2016 | 79.34 % change on previous year | -25.2% |
| 2017 | -3.35 % change on previous year | -104.2% |
| 2018 | 5.05 % change on previous year | -250.7% |
| 2019 | 23.59 % change on previous year | +367.5% |
| 2020 | -1.5 % change on previous year | -106.4% |
| 2021 | 12.48 % change on previous year | -929.1% |
| 2022 | 23.91 % change on previous year | +91.6% |
| 2023 | 6.28 % change on previous year | -73.8% |
| 2024 | 6.66 % change on previous year | +6.1% |
Solomon Islands compared with similar countries
- Solomon Islands's 6.66 % change on previous year is below the median for lower middle income countries, which is 11.97 % change on previous year, 56% of the median. (46 countries reporting)
- Solomon Islands's 6.66 % change on previous year is above the median for East Asia & Pacific, which is 5.35 % change on previous year, 1.2× the median. (26 countries reporting)
Biggest year-on-year movements
Years where Net domestic credit (current LCU), annual growth rate in Solomon Islands changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2000 | +5219.9% | -0.3671 % change on previous year | 18.79 % change on previous year |
| 1987 | +2014.9% | 0.6707 % change on previous year | 14.19 % change on previous year |
| 2004 | -1860.3% | -1.57 % change on previous year | -30.82 % change on previous year |
| 2021 | +929.1% | -1.5 % change on previous year | 12.48 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 129.34 % change on previous year | 129.34 % change on previous year | 129.34 % change on previous year | 1 |
| 1980s | 34.53 % change on previous year | -9.07 % change on previous year | 105.7 % change on previous year | 10 |
| 1990s | 11.41 % change on previous year | -2.91 % change on previous year | 29.28 % change on previous year | 10 |
| 2000s | 15.27 % change on previous year | -30.82 % change on previous year | 50.54 % change on previous year | 10 |
| 2010s | 14.94 % change on previous year | -57.72 % change on previous year | 106.02 % change on previous year | 10 |
| 2020s | 9.56 % change on previous year | -1.5 % change on previous year | 23.91 % change on previous year | 5 |
Countries ranked near Solomon Islands
- 112 Mexico 6.76 % change on previous year compare
- 113 Croatia 6.74 % change on previous year compare
- 114 Uruguay 6.67 % change on previous year compare
- 116 Qatar 6.58 % change on previous year compare
- 117 Honduras 6.35 % change on previous year compare
- 118 Palestine 6.34 % change on previous year compare
More financial sector data for Solomon Islands
- Reserve position in the IMF, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0025 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 5.14 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 0 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0018 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 3.76 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0025 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 5.14 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 0 % change on previous year (2025)
Frequently asked questions
- What is net domestic credit (current lcu), annual growth rate in Solomon Islands?
- Net domestic credit (current lcu), annual growth rate in Solomon Islands was 6.66 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest net domestic credit (current lcu), annual growth rate recorded in Solomon Islands?
- The highest recorded value was 129.34 % change on previous year in 1979.
- What is the lowest net domestic credit (current lcu), annual growth rate recorded in Solomon Islands?
- The lowest recorded value was -57.72 % change on previous year in 2011.
- How does Solomon Islands rank for net domestic credit (current lcu), annual growth rate?
- Solomon Islands ranks 115th out of 186 countries with data for 2024.
- Is net domestic credit (current lcu), annual growth rate rising or falling in Solomon Islands?
- Over the last ten years it is down 92.1%. The long-run trend across the full record is volatile.
- Where does this Solomon Islands data come from?
- The figures come from Statizoid (derived), published as part of Net domestic credit (current LCU), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 46 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Net domestic credit (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Net domestic credit International Financial Statistics database, International Monetary Fund (IMF)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Net domestic credit (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.